Climate change is impacting the insurance industry in terms of risk management, policy underwriting, and business strategies. It is leading to new complexities and challenges but also presents opportunities for innovation and growth. This article explores how climate change is...
In the wake of severe supply chain disruptions, business owners are turning to insurance as a safety net. With customized policies that include coverage for geographical risks, supplier reliability, and nature of goods, insurance can provide businesses with the cushion...
In the face of rising cyber threats and crimes, cyber liability insurance has risen as a crucial solution to safeguard businesses. Providing coverage for a myriad of both liability and property losses affiliated with the digital realm, this genre of...
This article highlights the transformative impact of technology, particularly blockchain, Big Data analytics, AI, and IoT on the insurance industry. Along with opportunities, it also touches upon the challenges faced by this sector.
In this digital age, cyber threats are ever-prevalent, targeting not just large corporations but small-to-medium-sized businesses as well. Cyber insurance is quickly becoming a crucial part of risk management, providing a safety net for businesses in case of a data...